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Stock impact report

Q2 Rundown: Take-Two (NASDAQ:TTWO) Vs Other Consumer Internet Stocks [Yahoo! Finance]

Skillz Inc. Class A (SKLZ) 
Company Research Source: Yahoo! Finance
The ways people shop, transport, communicate, learn and play are undergoing a tremendous, technology-enabled change. Consumer internet companies are playing a key role in lives being transformed, simplified and made more accessible. The 50 consumer internet stocks we track reported a satisfactory Q2. As a group, revenues beat analysts' consensus estimates by 4.2% while next quarter's revenue guidance was 0.5% below. Luckily, consumer internet stocks have performed well with share prices up 12% on average since the latest earnings results. Take-Two (NASDAQ:TTWO) Best known for its Grand Theft Auto and NBA 2K franchises, Take Two (NASDAQ:TTWO) is one of the world's largest video game publishers. Take-Two reported revenues of $1.50 billion, up 12.4% year on year. This print exceeded analysts' expectations by 9.3%. Despite the top-line beat, it was still a slower quarter for the company with full-year EBITDA guidance missing analysts' expectations. Take-Two Total Revenue In Show less Read more
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